National Bank Financial Forecasts Stronger Earnings for BRP

Key Points

• National Bank Financial has raised its Q2 2026 earnings per share estimate for BRP Inc. to $0.31, an increase from a previous estimate of $0.26.
• BRP recently increased its quarterly dividend to $0.1557, up from the previous $0.15, reflecting an annualized dividend of $0.62.
• As of the latest reports, BRP's average target price is $43.00, with ratings including three Strong Buy, one Buy, and eight Hold ratings from analysts.

BRP Inc. (NASDAQ:DOOO - Free Report) - National Bank Financial boosted their Q2 2026 EPS estimates for BRP in a report released on Monday, August 18th. National Bank Financial analyst C. Doerksen now anticipates that the company will post earnings per share of $0.31 for the quarter, up from their prior forecast of $0.26. The consensus estimate for BRP's current full-year earnings is $3.15 per share. National Bank Financial also issued estimates for BRP's FY2026 earnings at $2.67 EPS and FY2027 earnings at $3.89 EPS.

Several other equities research analysts have also recently commented on the stock. TD Securities raised shares of BRP from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Citigroup reaffirmed a "neutral" rating and issued a $51.00 price objective (up from $43.00) on shares of BRP in a research report on Monday, June 16th. Wall Street Zen raised shares of BRP from a "hold" rating to a "buy" rating in a research report on Sunday, July 6th. Desjardins raised shares of BRP from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Finally, Stifel Canada raised shares of BRP from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 29th. Three research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $43.00.

BRP Stock Up 5.4%

DOOO traded up $3.01 during trading on Wednesday, hitting $58.39. The company had a trading volume of 355,283 shares, compared to its average volume of 233,906. The company has a market capitalization of $4.26 billion, a PE ratio of -142.41 and a beta of 1.24. BRP has a one year low of $31.78 and a one year high of $72.84. The firm's 50-day moving average price is $50.85 and its 200 day moving average price is $42.77. The company has a quick ratio of 0.58, a current ratio of 1.34 and a debt-to-equity ratio of 5.85.

BRP (NASDAQ:DOOO - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.04. The firm had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.78 billion. BRP had a negative net margin of 0.55% and a positive return on equity of 54.71%.

Institutional Investors Weigh In On BRP

A number of institutional investors and hedge funds have recently modified their holdings of DOOO. Tidal Investments LLC acquired a new position in BRP in the 2nd quarter valued at about $290,000. Select Equity Group L.P. acquired a new position in shares of BRP during the 2nd quarter worth approximately $1,793,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of BRP by 8.0% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 20,942 shares of the company's stock worth $1,017,000 after purchasing an additional 1,557 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of BRP during the 2nd quarter worth approximately $60,000. Finally, Alliancebernstein L.P. boosted its position in shares of BRP by 7.3% during the 2nd quarter. Alliancebernstein L.P. now owns 476,328 shares of the company's stock worth $23,088,000 after acquiring an additional 32,424 shares in the last quarter.

BRP Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 14th. Stockholders of record on Monday, June 30th were issued a $0.1557 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from BRP's previous quarterly dividend of $0.15. BRP's payout ratio is currently -153.66%.

BRP Company Profile

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.